Tag: ecommerce

You can ignore it but can't hide it from Google, be it your internet browsing experience, your interest in products you want to buy, books you wish to read, places you wish to visit or the list of products you have already bought. Yes, you read it right!Google is tracking everything you buy online or offline and have the...

The main objective of a hacker is the usage of a compromised account.In 2018, about 100 Amazon merchants fell into the pit of cyber fraud. This was an “extensive” hit affecting Amazon merchants for over 6 months. According to Bloomberg, unidentified hackers used phishing techniques to gain access to the sellers' accounts which were meant to maintain funds earned through sales and...

The UK based consumer organisation "Which?" has curatively declared that online e-commerce behemoth Amazon.com is flooded with fictitious and fabricated five-star customer reviews for listed products from unknown brands. Those top-rated customer reviews on trendy items were overshadowed by unfamiliar brands, Which? investigations ascertained. Which? have analysed the listings of hundreds of famous tech products in 14 online sections including headphones, smart...

The Seattle-based American multinational tech-gargantuan Amazon has pronounced curative strategies to establish its compelling market presence in Indian loam. The company is actively making moves to capture a lion's share of the food-only retail industry in India. In accordance with the regulatory filings sourced from paper.vc, Amazon Retail India Pvt. Ltd has received the sum of INR 240 Crore (approx $35 million) from...

Gauged in terms of revenue and market capitalization, Amazon is the lead player in India's eCommerce marketplace. The global e-commerce major's sales revenue alone is estimated to clocked $8.8 billion in 2018. Being prominent and might Amazon never let its peer competitors succeed in terms of market value in any means. However, market analysts expect that after the acquisition of...

The global e-commerce major, Amazon.com is expected to thrust as many as 100 gazeboes exclusively at the prime malls in India. The gazeboes, aka kiosks, will act as a point of sales for the company as people visiting various malls having such kiosks installed can experience some of Amazon's own products, such as Kindle, and order it online right...

The best of your favourite apps, such as BookMyShow, PVR, PayTM, TicketNew, etc. are your go-to buddies when it comes to booking tickets online. But they often charge what is known as ‘internet handling fees.’Most of us are ready to pay this extra amount of money, that varies in accordance with the amount of transaction we make. This is...

The number of digital ad frauds in India is rising at an alarming pace.With time the amount of money being spent on advertising is growing, as so are the attempts to misrepresent advertisers through ad fraud. Reports have shown that as much as $6 billion is stolen from advertisers every year through ad frauds, and India is no exception...

The internet giant eBay Inc. has played a vital role in the growth of the global ecommerce market. For over two decades, as a true marketplace, eBay has been connecting buyers and sellers directly. However, with the strengthening presence of Amazon, Alibaba and many other homegrown players in developing markets like India, eBay is finding tough to stay...

In what would be the most self-evident scoop on the plate, Singapore-based Flipkart Group has seen a surge in its total revenue, which, fortunately, has increased at a dramatic pace! The revenue of Flipkart Group during FY'18 ending March 2018, increased over 50%, to Rs 30,164 crore. But does that mean Flipkart is all up for a windfall and is...

India has outlined a new draft policy to govern its rapidly increasing ecommerce market. And, no one more than Amazon India and Flipkart would be disappointed with it.The new policy outlined Saturday aims at providing greater protection and support to homegrown etailing firms, perhaps taking a cue from China where Alibaba, Baidu and Tencent have gone on to become global...

The India ecommerce market growth is estimated to miss the market expectations as e-commerce juggernauts which was earlier going full throttle seems to have slowed down ever since the new FDI rules kicked in on February 1, 2019.Morgan Stanley, the US-based banking and financial services expert, has revised its estimates for the Indian e-commerce sector, citing a number of reasons for...

Amazon.com, Inc. (NASDAQ:AMZN) is currently valued at $800 billion - the third most valued tech firm, trailing behind only Microsoft and Apple - the two tech behemoths.Jeff Bezos, CEO and Founder - Amazon.com, toppled Bill Gates, Founder of Microsoft, to become the richest person alive on this planet last year.To top it all, in fiscal 2018, the company reported...

The new Foreign Direct Investment (FDI) rules which kicked in on February 1, 2019, have come as a huge jolt for the ambitious US-based retailer Walmart.The behemoth had decided to join the huge Indian e-commerce feast barely a year ago by paying an astoundingly huge $16 billion to acquire a 77% stake in the Indian retail juggernaut Flipkart. Walmart May...

The new FDI policy which kicked in on Feb 01, 2019 has applied brakes on the Indian e-commerce juggernaut spearheaded by Amazon and Flipkart.Since the new FDI rules came into place three days ago, sales at Amazon and Flipkart have already dipped by nearly 30%. Together, the two have reportedly lost more than $50 billion in market cap. While...

eBay could be the game changer in India eCommerce market amid the new FDI rules.As the new rules for Foreign Direct Investment (FDI) came into effect from today, the e-commerce scenario in the country is poised for a major change. The giants in this arena, Amazon and the now Walmart backed Flipkart, who had hitherto been riding high on their...